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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Bullboard Posts
Post by catkinon Feb 27, 2013 12:19pm
505 Views
Post# 21049119

Keep your feet on the ground

Keep your feet on the ground

I am as excited as the rest of you with the announcement of the halt. However, for those of you who have long memories, there have been CGX halts in the past.

When the reason for the halts were finally revealed everyone (as noted by the post halt board posts) were shaking their heads stating their dismay at requesting the halt for minimal justification.

I certainly hope that this is not the case for this halt, but I eagerly wait to find out and admit  that this could be the big one that we have all been waiting for!

I wait with bated breath!

All the very best to all CGX investers.

Bullboard Posts